Mis-sold Car Finance

Mis-sold car finance claims refer to cases where consumers were not given clear, fair, or accurate information when taking out a car finance agreement. This often happens with Personal Contract Purchase (PCP) or Hire Purchase (HP) agreements. If a lender, broker, or dealership failed to disclose important details or misled you about the terms of your agreement, you may have grounds for a claim.

Common Signs of Mis-Sold Car Finance

You may have been mis-sold car finance if:

• Hidden Commission Fees – The dealership or lender failed to disclose that they were earning a commission from your finance agreement.
• Lack of Explanation – The salesperson did not properly explain how your contract works, including final payments or mileage limits.
• Unsuitable Finance Agreement – You were put into a finance deal that was not appropriate for your financial situation.
• High-Pressure Sales Tactics – You felt pressured into signing a deal without fully understanding the terms.
• Unfair Interest Rates – The lender inflated interest rates without properly informing you.

Can You Make a Claim?

If you believe you were mis-sold car finance, you may be entitled to compensation. A successful claim could help you recover excess interest payments or even receive a refund on unfair charges.